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Search Results 0 to 49 of about 84 (some duplicates have been removed)
a president passing a tax rate on small businesses above 40%. that one tax only pays for 8% of his proposed deficit spending. so this idea, look, overseas, which where i come from means lake superior. we both live near canada, right? the canadians have this figured out. the canadians lowered their taxes to 15%. president obama wants to tax our successful small businesses to go above 40%? when we tax our job creators at much higher tax rates than our foreign competitors tax theirs, they win, we lose. we have to get right with the idea that our jobs come from successful small businesses. we don't want to tax them more, we don't want to regulate them more, we want them to hire more. that is essential. [applause] and none of this is going to work. no business is going to be confident to take that risk to hire people, to advance people, to give people promotions and raises and job security if they see their government borrowing and spending like it is. we can't keep borrowing 36 cents of every dollar our government spends. we can't keep the federal reserve doing what it's doing. we cannot keep l
program without paying one penny for it. they added another trillion dollars in tax cuts for the wealthy. what was the result. ? these are the facts. the result was by the time the rain that turned back over to barack obama and me, they had doubled the national debt in 8 years. the fourth, fifth, or six days we were in office, we were sitting in the oval office at sunset, mr. president, looking at his year's budget you are going to have a trillion dollars deficit. he said, i have not done anything yet. [laughter] he said, no mr. president, the budget they passed guarantees no matter what you do, you will have a trillion dollar debt this year in the budget. a trillion dollar deficit, to be precise. these guys talk about the national debt. what date did generated the -- what they did generate -- generated the jobs since world war ii. it gave us this great recession. what they have not told us is what they are willing to do about it. we laid out a $4 trillion debt reduction plan over next 10 years. we have already passed $1 trillion of it. these guys voted against everything. not only did t
. and that is happening now. the president is trying to distort our record and our pro-growth tax reform cuts taxes 20% and higher take-home pay for middle class and pro-growth economic policies, that creates about 7 million jobs. so, the final analysis, people will realize, all the president is offering is more of the same with another round of stimulus and higher tax rates on job creators. we are offering very specific reforms, how do you save and shrink the medicare and social security and prevent the debt crisis and grow jobs, how do you have an interview policy that unleashes american internally and has energyindependence? >> chris: here's my question, though, the fact the message has not gotten through as effectively as it could, so far, is that your fault? the romney campaign's fault or the voters fault. >> look, i think the president has done an effective job at trying to confuse the issue and disrupt positions an distract people, but, at the end of the day i don't think that will work. >> chris: any responsibility... >> look, we are going to prosecute the campaign, in the way that we have alw
of taxes and spending. it goes to governor clinton for a 2 minute question. it is asked by ann compton. >> governor clinton, can yo middle income families can be guaranteed a tax cut or what income level they can be guaraeed no tax increase. >> the tax increase figures in at $200,000 and above. >> they had their incomes go up while taxes down. middle class people defined as people with incomes as $52,000 and down had their incomes go down while th taxes went up in the reagan-bush years because of 6 increases in the payroll taxes. that is where it would trigger. >> there would be no tax increases below -- >> my plan, notwithstanding -- my plan igures in at family incomes of $200,000 and above andgive modest middlerelief to restore faespecially to people with incomes below in addition to that, the money i raise from upper monepeople, if they pay the same income on their income the same as american corporations do, they will give incentives back. i wt to give permant incentives back. a resource and development credit, a long term proposal for business and expansion. we have to have no mor
round of stimulus and higher tax returns rates on job creators. we are offering specific reforms. strengthen social security. grow jobs. have an energy policy that unleashes american energy and has energy independence. >> chris: the fact that the message hasn't gotten through as effectively as it could so far is, that your fault, the romney campaign fault report voters' fault? >> it is not the voters' fault. i think the president has done an effective job of trying to confuse the issue and distract people. i don't think that is going to work. >> chris: do you take any responsibility? >> we going to pros is cute the campaign in the way that we always planned which is we will tiv this country a very clear choice. do you want stagnation and dependency or growth and opportunity? the problem is not everybody knows our five point plan for a stronger middle class. not everybody knows that we have the solutions that will get people better job security. >> chris: let's talk specifics. >> no matter how many times they tell you they will start talking specifics really soon they don't do it
's why he cut taxing for families and small businesses. balls we believe that teachers and firefighters should not be paying higher tax rates than millionaires and billionaires, not in america. [applause] he got the all the industry back on its feet and today new cars are rolling off the line at proud american companies like g.m. and yes, while we still have a long way to go to rebuild our economy, understand we have had 30 straight months of private sector job growth, a total of 5.1 million new jobs under this president! good jobs. right here in the united states of america. [applause] let's talk about the health of our families. see, barack didn't care whether health reform was the easy thing to do politically. that's not who he is. he cared that it was the right thing to do, and thankfully because he fought for health reform, today our parents and grandparents on medicare are paying hundreds less for their prescription drugs. our young people can stay on their parents' insurance until they're 26 years old. [applause] insurance companies now have to cover basic preventive care. things
%. personal earnings after taxes per capita have gone up almost $3,000 in these 4 years. in 1980 -- or 1979, a person with a fixed income of $8,000 was $500 above the poverty line, and this maybe explains why there are the numbers still in poverty. by 1980 that same person was $500 below the poverty line. we have restored much of our economy. with regard to business investment, it is higher than it has been since 1949. so, there seems to be no shortage of investment capital. we have, as i said, cut the taxes, but we have reduced inflation, and for 2 years now it has stayed down there, not at double digit, but in the range of 4 or below. we believe that we had also promised that we would make our country more secure. yes, we have an increase in the defense budget. but back then we had planes that couldn't fly for lack of spare parts or pilots. we had navy vessels that couldn't leave harbor because of lack of crew or, again, lack of spare parts. today we're well on our way to a 600-ship navy. we have 543 at present. we have -- our military, the morale is high. i think the people should unders
. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rate i chased the wealth of france. if you are a high income earner and investor, why on earth would you stay in france and have $0.75 out of every dollar taken away before you got a chance to spend it. almost any european country you could go and do better than that lori: do you think we're facing a similar path and the u.s. or do you expect americans to leave? >> it is very possible. there is some indication that some americans are already looking for ways to protect their income, protect their wealth. and you cannot blame them because of somebody -- i mean, it's the same thing. if i'm walking down sixth
't say tonight that that tax bill he vetoed raised taxes only on the rich and gave the rest of you a break -- but he vetoed it anyway. i offer a new direction. invest in american jobs, american education, control health care costs, bring this country together again. i want the future of this country to be as bright and brilliant as its past, and it can be if we have the courage to change. [applause] >> president bush, your opposing statement. >> let me tell you a little what it's like to be president. in the oval office, you can't predict what kind of crisis is going to come up. you have to make tough calls. you can't be on one hand this way and one hand another. you can't take different positions on these difficult issues. and then you need a philosophical -- i'd call it a philosophical underpinning. mine for foreign affairs is democracy and freedom, and look at the dramatic changes around the world. the cold war is over. the soviet union is no more and we're working with a democratic country. poland, hungary, czechoslovakia, the baltics are free. take a look at the middle east. w
off half the country. even though charles says he has to go substantive, and i wish he would do tax reform -- i don't think he is going to do that -- or find some way in the very end to convince people what he is, which the actress is, a decent human being -- she actually is, decent human being. >> romney said, but wt my het aches for theeople i've seen and i want to help them." the voters are not getting that message. >> the problem that he has -- call it relate ability, call it whatever you want -- is compounded by the 47%. remember john kerry? "before i voted against the $87 million, i voted against it." that played into the negative narrative of john kerry being a flip-flop. away47% tape that won't go plays into the stereote of romney as an aloof, detached, uncaring, and not able to show any empathy for people who are not in his social or economic bracket. >> from the politico piece, "rare is the moment where romney sings the praises of the working stiff, the which is pulling a double shift." mike huckabee told the jay leno, "romney reminds you of the guy who fired tear." -- fir
, it will be impossible to bridge the gap without it. what mr. gore's plan will do causing huge payroll taxes or major benefit reductions. >> new question. are there issues of character that distinguish you from vice president gore? >> the man loves his wife and i appreciate that a lot. and i love mine. the man loves his family a lot, and i appreciate that, because i love my family. i think the thing that discouraged me about the vice president was uttering those famous words, "no controlling legal authority." i felt like there needed to be a better sense of responsibility of what was going on in the white house. i believe that -- i believe they've moved that sign, "the buck stops here" from the oval office desk to "the buck stops here" on the lincoln bedroom. it's not good for the country and it's not right. we need to have a new look about how we conduct ourselves in office. there's a huge trust. i see it all the time when people come up to me and say, i don't want you to let me down again. and we can do better than the past administration has done. it's time for a fresh start. it's time for a new l
ryan and seemed ready to engage on the big stuff. medicare, entitlements, tax reform, national solvency, a restructured welfare state. he has since retreated to the small and safe and when you're behind, how far, safe is fatal. >> i don't think so. i think he has been running a very vigorous campaign. i think most people approve of his selection of paul ryan. it's tough. it's very difficult. >> why is he behind? >> i think he is behind because americans probably feel better than they did before jobs and the economy even though it's terrible. it's sort of the -- >> right track, wrong track? that's interesting. tell me. just stretch that out a little bit. >> i think americans see a glimmer of hope. there is slight improvement in the economy, and i think that some people, for example, a state like ohio, battleground state, thanks in my view to the governor that the unemployment is down. that's true in some of the others. i understand how tough this campaign is. i do believe that media coverage has something to do with it. but that is what it is. i think most americans will still be making
leader with the ability to take on the tasks at hand. to balance the budget, to expand the tax base, to give our children back the american dream. the candidate is ross perot. the issue is our children. the choice is yours. host: from 1992 when he ran his first of two independent bids for the white house, falling short in 1992 and 1996. one viewer says we need to listen to all points of view. we need third parties. one question is the role of third parties in politics. here is ross perot. >> you ran twice. you established the united we stand and the reform party. do you feel that is needed today? is there something wrong with the two party system that has gotten more acrimonious. >> it is almost impossible to do it. it would be a very healthy thing if you could get it done and make it happen. it is very difficult to do, and very few people would want to try to do it because they know they will be butchered from day one. much of the media will participate actively in that. host: the whole interview conducted by richard welfare's tomorrow evening at 9:00 eastern time -- richard wolf t
of the country.. heish you do tax reform reform -- i don't ornk he is gogoing to do -- about what he is, decent human being. romney said, "my heart aches for the people i've seen. many are hurting in country i want to help them ." getting thatand not message. how'd you get that message? call it problem he has -- laid ability, call it what y you -- is compounded by the .747% remember john kerry? voted $47 billion, i against i" this plays into the negative of mitt romney as an aloof, detached, uncaring, just empathy forow n in his social bracket.ic >> from m the politico piece --- "where is the moment where romney sings the praises of the waitresstiff, the shift?"a double mike huckabee told jay leno that romney reminds you of the guy you.ired >> romney isis not going to be e your pain. feels not a great politician. one of the reason at this -- it did not come . of nowowhere out of tens of million ads by the obama he handledbout how ith bain capital and all that. other essence was the series thasay he wants to produce taxes on the rich. reduce taxes on the e rich. romney has protested that that tr
to me like they're doing the same thing. >> right. they're not taking action on titlery form, tax reform, all these issues that will come up when sequestration comes up at the end fortunate year and when they have to deal with bush tax cuts at the beginning of next year. this is really an irresponsibility that's shared both by congress and the white house, because when they negotiated the debt deal last year and set up this sequestration, this sort of eco-neurological showdown, they knew it had to be negotiated in a net election year if it didn't git worked out until last fall. so every every kicked the exam pain. >> i'm telling you about this economic storm that hit us. growth in the united states is slow. we're selling a few manufacturing goods. guess what, americans. . it's all this confidence misplaced. we're going to talk about this, next. [ male announcer ] now you can swipe... scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xt
have the tax cuts expiring, spending programs expiring. a lot of people think it will lead to a recession in 2013. how do you think this gets resolved, an what subpoena the impact? >> i wish we had better elections in this country. the reason we have bad government in the country is because we have bad elections. what i mean by that is we don't talk about the important issue. one thing that both sides could agree on today is the pace of deficit reduction. they may go about it different ways but we need to bring the deficit down gradually. right now we are facing the fiscal cliff. nothing will be resolved before november. i believe political forces after the november election will push both sides to a compromise. the one tax that will come down is the uncertainty tax. the uncertainty of washington politics will be positive for the u.s. economy. >> that's true. companies have been in lockdown mode. they don't want to make a decision with uncertainty out there. >> it is infuriating. >> it is. >> watching washington not understand the incredible drag they put on the u.s. econom
directly affects our taxes, schools, roads, the quality of our air and water -- even our right to vote. politicians and lobbyists at the core of this clever enterprise figured out how to pull it off in an organized, camouflaged way, covering their tracks while they put one over on an unsuspecting public. this is the story of how and why it worked. our report was many months in the making. it's a collaboration between tom casciato and kathleen hughes, the filmmakers at okapi productions and the schumann media center that i head. schumann supports independent journalism and public watchdog groups like the center for media and democracy, whose investigators have been tracking the footprints of alec, an organization hiding in plain sight, yet one of the most influential and powerful in american politics. ♪ ♪ ♪ >> i've often told people that i talk to out on the campaign trail when they say "state what?" when i say i'm running for the state legislature. i tell them that the decisions that are made here in the legislature are often more important for your everyday life than the decisio
of the reasons why for instance we have gasoline tax. because gasoline tax pays for the the roads. i believe that's probably the best principle overall to deal with the questions and post office. >> claire mccaskill if >> i'm going to try to quote todd akin exactly on this. he said, we can keep raising the prices, if they get too high, the private sector can take over. i disagree. it is in the constitution. we have had the finest and the most reliable and most comprehensive postal service in the world. they have cut billions in expenses over the last several years. they have shrunk their woforce. what they've been required to do is prefund their pensions and healthcare for 75 years. no one in the private sector is required to prefund their pensions and healthcare for 75 years. no one in the governmental sector except the post office is required to do that. it's got them into a cash flow problem. we have to uncuff them and allow them to be entrepreneurial when it comes to the growth area postal service. i will tell you, mr. miller, you know this and many in this audience know this, a rural post of
spending cuts and tax increases. ronald reagan agreed to tax increases when it hit 4%. george w. bush did when it was 3% of gdp. but today's republican party is organized around the proposition that no matter the circumstances, there must never be a tax increase of any kind. the simpson-bowles proposal calls for $1 for every $3 of spending cut bus every republican presidential candidate during the primaries including romney pledge thad he or she would not accept $10 of spending cuts if that meant $1 of tax increases. so romney could present a serious economic plan with numbers that add up and then he would face a revolt within his own party. so his solution has been to be utterly vague about how to deal with the actually deficit. when pressed for details, he said, the devil's in the details. he's right. were he to get specific he would be committing ideological blasphemy. instead he talks about freedom and capitalism. the same pattern emerges on immigration. he says he wanted to solve the immigration issue permanently but he can't actually propose anything practical because that would tal
romney believes with even bigger tax cuts for the wealthy and fewer regulations on wall street all of us will prosper. in other words, he doubled down on the same trickle-down policies that led to the crisis in the first place. >> how would you respond to that on wednesday? >> stop lying, mr. president. >> lying? what's the lie there? >> what romney said the wealthy will pay just as much under the romney administration -- the tax rate will go down. they'll lose deductions and other loopholes that they'll have them paying the same. that's what governor romney's plan. i love that ad. $4 trillion reduction in the debt, really, mr. president? really. he hasn't come forward with a plan. it's great ad. it sounds really nice and looks nice. but there's nothing substantive there. >> the comeback from president obama at that point, where are the details, that same question could be put to governor romney, you said hard truths in the convention, governor romney hasn't laid out which deductions will go away for the wealthy. >> the president of the united states has an obligation to be the one who's
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he is not going to go line-by-line through the budget. but let's hold the president to the same standard and criticize him as well, because how does he create a million new manufacturing jobs, david? he hasn't told anybody the specifics of that. how will he reduce $4 trillion in debt? we're still waiting to hear what he thinks about simpson-bowles, which he commissioned. he's been the president and hasn't given us specifics. so let's be fair here. >> so that's really the approach then? you're a former prosecutor. you understand how the courtroom works. mitt r
proportionally pays more in taxes than he does. he also ignores class war is waged in the united states in his class is doing it. rather remarkable. i want to talk about events in the euro zone, in europe and how that affects the economic crisis here in your visit to mantra god, which is an example perhaps , a successful example of an alternative to the capitalist economic model in spain. >> first a word about warren buffett. derek and i think the contradictory mess of all of this is that play. i'm the one hand yes, there've always been people like him on the side of the wealthy of the big corporations who have a clear understanding that at a certain point it becomes dangerous to keep going in that direction. you cannot keep having a smaller and smaller number of people doing really well in a sea of people who have a harder and harder time. for a while they push it, but don't kill the goose that lays the golden egg in the end. so buffett is not the only one. there's a whole bunch of people like that who say that and have the courage or comfort of the security to say it. remember also the same
to a familiar theme, but does he need to do more? >> i will lower the tax rate. he wants to creat to raise them. i'll create jobs and he'll kill them. also marsha blackburn, bob shrum, and larry sabato from the university of virginia center for politics. as we head into first presidential debate, we'll talk about the state of america at home and abroad with the distinguished panel. michelle rhee, former head of the washington, d.c. school system and founder of students first. economist mark zandi of moody analytics. bob woodward, author of "the price of politics" and hendrick smith, author of the new book "who stole the american dream?." it's all ahead on "face the nation." captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: and we welcome now to the broadcast new jersey governor chris christie. governor, thank you for being here. governor i have to start off by saying i don't hear very many republicans these days who think mitt romney is doing very well. what's your take here? >> well, he's had a tough couple of weeks. let's be honest. i
. and at that moment there was a big tour or about -- furor aboue something called the congestion tax. it was a political hot potato,mp and it was being imposed onm people to prevent them from driving into london too much. and the american embassy maintained they were not liable because they called it the congestion charge, but they saie it was a tax, and the americans were not supposed to pay it. and so robert tuttle arrived for his presentation of his credentials, and they went through all the formalities, and then they had a little informalo discussion, and she said to him i understand you think the congestion charge is a tax. he said, yes, ma'am, it is a tax. and she said, well, of coursehes it's a tax. and, of course, the head ofrs protocol for the diplomatic corps was turning, you know,or white at the prospect that she would say something so political, but those kind of slips are very unusual. and as far as her or relationships with americanio presidents, she has bonded with them kind of on a personal basis, but not so much -- it doesn't have anything to do with politics, republ
of this agency, and the role of tax increment financing, which is what we're really talking about. in 1989 the old imperial redevelopment agency was done in by this board of supervisors when it allowed the use of tax increment financing subject to fundamental and basic changes in the structure of the redevelopment agency. and it has been that agency from 1990 on that we're dealing in terms of this successor agency. it is important to understand that the board of supervisors insisted that for the use of tax increment financing, understanding during the battle days of urban renewal no tax increment financing was allowed. the point is that the board of supervisors insisted on its direct control, including land use controls that i believe exist in this ordinance and in the amendments proposed by the council of community housing organizations. i would be happy to answer any questions, if there are any. seeing none, i will go. [ laughter ] >> we may have them later for you. thank you. next speaker. >> thank you. thank you, mr. president. members, my name is arnold townsend and i just wanted to
to affect economic reform. especially the economic reform, tax reform, energy reform, the key elements. my guests -- and i'm really guessing, my guess is what we will see is a stable outcome in 2013 where the prospects for reform are probably less than they are now. that's not a pretty picture. it means you have more people in the tent, potentially, so that people feel their voices are being heard. are there such -- are there such things as constituents in pakistan politics? people are being represented, but does this mean we can look forward to a government that can tackle the big issues? i'm not terribly optimistic. that would be why america and other like-minded countries the japanese, etc., if they want to see change, it is the opposite of what a dollar of what tells you -- change comes from without. the most potentially positive thing that could happen that would change the structure of things in a good way would be opening up to india. opening up to indian capital and have an opportunity which south asian investment from the eye of state and elsewhere. i don't see the domestic politi
may be losing, cyber tax poses a clear and present danger, but congress cannot agree on how to bolster the digital defenses. we'll talk about the implications for business. former cia director. michael hays. it was hailed as the biggest overhaul of wall street rules begins the great depression. more than two years later, dangers remain. we'll have an exclusive bloomberg government analysis where the law really stands. >>> and meet the woman leading the defense industry's battle to block sweeping automatic budget cuts. you need to know marianne blake. >> peter: i'm peter cook. welcome to capitol gains, stay with us for the next half hour. bloomberg government focused on the government impact of businesses and the economy. its exclusive research and analysis you cannot find anywhere else. this week, the debate over what needs to be done to bolster the country's defenses against cyber attack. this week, wells fargo found their banks under attack. the suspect iran. they deny it. but republicans and democrats left town without coming to a deal on this. now they think the president may act o
was constitutional since it was a tax. roughly the same, -- the percent that knew that the decision to downgrade the american economy from the highest credit rating, standard and poor blamed both democrats and republicans for the downgrade. when news media concentrates over extended periods of time over a matter of importance to the public, public knowledge rises. we have a public capable of learning. we do see increases in learning as news attention increases at debates focus more intensely on contrasting positions. next slide, please. we see that seeking at fact checking, a fact checking or news site, in order to find out whether a statement by one of the presidential candidates was correct or not is associated with higher levels of knowledge. the controversy this year about whether fact checking matters -- this association would suggest it does. there's the question, did more knowledgeable people simply come to the site? we have the causal inference wrong. in order to tighten down that inference, we control for those factors that might increase knowledge, such as closely following the campaig
about tax cuts for the wealthy. he says that the wealthy will take just as much under the romney administration as they paid today. >> you can see jersey governor chris christie saying what mitt romney has been claiming, say that this barack obama ads are false. he wants to correct the record on obamacare and medicare, et cetera. very, very tough stuff f. mr. romney can accuse him of lying, that will be a very, very sharp moment. both sides trying to downplay the expectations in all of this, with the belief that if you can set the barlow enough, either one of them can jump over it. >> jamie: we have seen a lot of that. on the sunday shows today. carl, you have been to a number of debates. any inside intel on the keys that the viewers should be watching for from home on wednesday night? >> personality. whether or not each of these men are engaged, empathetic with the voter concerns and have sharp, catchy answers. the battle over facts and who scores the most points or lands the most blows, often that gettings a lot of headlines, but there is a feeling that sets in, a day or two af
't matter whether it is a tax bill, a spending bill, a supreme court nomination, whatever it is. there is going to be a vote, and every democrat is going to be on one side and every public and will be on the other side. it's like we have two separate congresses. not a united states congress, but a very republican congress and fighting for it advantage in fighting to win the next election. that did not happen by accident. it did not happen by accident. i believe in the free enterprise system and i believe in incentives. they work. we have created a political system in which every incentive is to not cooperate and not compromise and not talk to somebody who has different ideas than your own. and you know, that's great. it's great to be pure on your principal. but we are a nation of 310 million people. and we have all different backgrounds and we have all different life experiences and we have different ideas that we feel strongly about. the way a democracy the size has to work. no matter how deeply you feel about one issue or another, at some point, you have to be able to sit down
Search Results 0 to 49 of about 84 (some duplicates have been removed)